Suffolk Park

A major new business park on the A14 corridor, comprising 114 acres with outline planning permission for up to 2 million square feet of B1 and B8 employment space. 37 acres of the Park have been awarded Enterprise Zone status.

Project

 
Location Bury St Edmunds, Suffolk
Status Live Project
Sectors Commercial Land Promotion / Development
Size 114 Acres
Website www.suffolk-park.uk

OVERVIEW

LIVE PROJECT

Outline planning secured by Jaynic for 2m sq ft of B1 & B8.

Two warehouses totalling 353,000 sq ft speculatively developed and completed November 2018. SP147 has been let to national logistics operator Unipart. SP206 at 206,866 sq ft (19,219 sq m) is immediately available.

10 acres sold to Treatt Plc with associated development agreement for a new 112,000 sq ft global HQ building.

Sealey, one of the largest suppliers of garage and workshop equipment in the UK, has bought a 7.5-acre site for their expansion.

Freehold 26,000 sq ft make ready facility for East of England Ambulance Service NHS Trust.

JAYNIC are actively marketing a range of options to occupiers, including trade counter, B1 and B8 units, with turnkey properties available from 10,000 sq ft.

Suffolk Park also provides the rare opportunity to accommodate very large buildings of up to 750,000 sq ft.

Land Promotion

As part of a broader multi-partner initiative with Taylor Wimpey and West Suffolk Council; JAYNIC became the promoter of Suffolk Park in June 2016.

Significant progress has been made and in April 2017 JAYNIC were granted outline planning consent for up to 2 million sq ft (185,806 sq m) of B1 (office, research & development and light industrial) and B8 (warehouse and trade counter) uses - making Suffolk Park the only major allocated employment site in Bury St Edmunds with planning permission.

Improved access to the A14 came with the completion of the Eastern Relief Road in September 2017. The construction of Suffolk Park’s main estate road (Flying Fortress Way), footpaths, cycyleways and laying of all main services including water, electricity, gas, sewerage, telecoms and landscaping was completed in April 2018. Full adoption of the road is imminent. The upgrade of Lady Miriam Way / Kimpson Way and a new spur road off it into Suffolk Park was completed September 2019.

Development

SP147 / SP206

With a significant lack of accommodation along the A14 corridor plans were submitted in September 2017 for the speculative development of two new logistics/warehouse units. Consent was granted in December 2017 and construction began in May 2018. The units were completed in November 2018 after a 26 week build period.

The BREEAM excellent developments have a 12.5m clear height, 50m deep service yards, level access and dock loading together with ancillary offices.

SP206, at 206,866 sq ft (19,219 sq m) is available for immediate occupation and includes 20 dock levellers, 2 level access doors, 30 HGV parking spaces, 146 parking spaces and 96 cycle spaces.

SP147 the smaller of the two warehouses at 147,636 sq ft (13,716 sq m) was let to Unipart Group Ltd on a 25yr lease representing the largest letting in Bury St Edmunds for 10 years. In July 2019 the investment was sold to The Charities Property Fund.

These units were the first to be constructed on the park.

Phase II, Suffolk Park

We are currently working up plans for four further warehouse/logistics units at Suffolk Park of between 40,000 and 150,000 sq ft.

Enterprise Zone

Suffolk Park has the only Enterprise Zone in Bury St Edmunds. It offers a high quality business environment allowing a mix of Grade A office, research & development, B1 light industrial and B8 warehouse and trade counter space from 2,000 – 75,000 sq ft.

GLOBAL HEADQUARTERS FACILITY FOR TREATT

JAYNIC has been appointed by international flavour and fragrance solutions company Treatt plc to develop a new global headquarters facility. The new headquarters will include offices, manufacturing, logistics and a warehousing facility totalling 112,000 sq ft as a first phase with provision to expand up to 200,000 sq ft. The Treatt headquarters will be within New Anglia’s Enterprise Zone and qualifying occupiers can obtain up to £55,000 per annum of business rates relief for five years totalling £275,000. Construction commenced August 2019 and should be completed September 2020.